Friday, July 30, 2010

Get a Print Out Before You Tour - Open House and New Listings Map



Hoboken Real Estate Monitor's Open House Map

By signing up for the private view, you can get a PDF of all of the open houses for your weekend touring. 


Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .


Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com


Monitor Your Home Value with Hoboken Real Estate Monitor's Market Snapshot


Hoboken Real Estate Market Monitor

All you have to do is provide some cursory information such as your address, number of bedrooms and square footage and an automated report will be sent to you based on recent sales via my MLS account. It a great report that gives you the addresses of recent sales (and puts them on a map for you), the time they were on the market, the difference between listing and sales price and much more.


Check it out!


Information Provided By Donna Antonucci
Prudential Castle Point Realty
201-240-6832
www.hobokenrealestatemonitor.com

donnaantonucci@gmail.com



Top Retirement Hotspots

As the Baby Boomer generation begins to hit retirement age, millions will be searching for places to retire. So what's the best location to settle down? The answer to that question is just as diverse as the needs, desires and expectations of Boomers themselves.
Best_places_to_Retire.jpg


Although certain destinations may be particularly attractive- for reasons ranging from the weather and availability of health care to tax advantages and property values - there's a wide variety of cities and towns consistently considered the top places to retire.
To find out where these places are, AARP Magazine over the years has ranked retirement destinations under a variety of criteria, from "The Best Places to Live a Simple Life," to the "Healthiest Hometowns" and "The Best Places to Reinvent Your Life". From these lists, CNBC.com has focused on a selection of towns and cities recognized as top places to retire, picking the best and most unique locations from AARP Magazine's overall reviews.


Loveland, Fort Collins, Colorado

Identified as the #1 "place to reinvent your life" by AARP Magazine, Loveland, Colorado, nicknamed "The Sweetheart City," is a retiree's paradise. Located 45 minutes from Denver, the small city of just under 60,000 features has a small town feel, with large areas of single-family homes enjoying the natural shade of abundant trees. The outlying neighborhoods offer spectacular views of the prairie and the front range of the Rocky Mountains, under vast Colorado skies.

The area has close proximity to the Rocky Mountain National Park, with access to skiing, hiking and fishing that led AARP Magazine to describe it as an "outdoor Eden." Colorado State University, located in Fort Collins, gives the town a lively, youthful feel, while Lake Loveland, located only a few blocks from the center of the city, offers sandy shores, a tranquil sculpture garden, museums, miles of bike paths, golf courses and a vibrant art scene. Although housing prices are above the national median, they are lower than you would find in the nearby cities of Denver or Boulder, although the cost of living in the area as a whole is expected to increase in the next decade.

Las Cruces, New Mexico

Selected by AARP Magazine as one of America's "Dream Towns" for seniors, Las Cruces is set at the foot of the Organ Mountains and enjoys a relatively mild climate and picturesque landscape. Although it is New Mexico's second most populous city, residents describe the small-town feel, relaxed pace and affordable prices.

The city has low property taxes, and New Mexico residents 65 and older may exempt up to $16,000 (if married, filing jointly) in taxes from any income source if it's under $51,000. And if you're over 100, you pay no taxes whatsoever in Las Cruces. The town features four golf courses, nearby mountains for hiking and camping and is approximately four hours from Santa Fe, another prime retirement spot. Nearby Mexico State University also offers a range of activities, from symphonies and theatrical performances to sporting events. Las Cruces also boasts an average of 330 sunny days per year.

Rehoboth Beach, Delaware

For people living in the area between Southern New Jersey and Washington DC, a popular weekend and retirement destination lies near the Delaware shore. A three-hour drive from both Philadelphia and Washington DC, the Rehoboth Beach area has been a magnet for retirees over the past several years and Delaware expects the 65+ population to increase by 75 percent over the next 25 years.
The beaches feature dolphins throughout the summer months, a mile-long boardwalk and more than 70 restaurants. Although living in Rehoboth is quite expensive, residents living in nearby communities are only several miles from the beach and can take advantage of Delaware's favorable tax environment: low property taxes, no sales tax on food and entertainment, social security benefits are exempt from income tax and taxpayers aged 60 and older can exclude up to $12,500 of investment and pension income, according the AARP Magazine.

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Pre-Industrial History of Hoboken

The first Europeans to settle the area now known as Hoboken were the Dutch. In 1630, via a system of "patroonships" that the West India Company employed to settle its territory in New Netherlands, Michael Pauw purchased the land that would later become Hoboken and Jersey City from the Lenni Lenape Indians who inhabited the region. Pauw had been attracted to the area because of its proximity to Manhattan, which had recently been selected as the capital of the province. Pauw's instincts were correct: almost four hundred years later, the area he chose continues to be prized for its location. He named the area Pavonia, the Latinized version of his name, which means "peacock.

According to the patroonship arrangement, Pauw was required to bring 50 colonists to settle his land, but the West India Company grew impatient with the lack of development in the area and the erratic behavior of Cornelis Van Vorst, who Pauw had appointed director of the territory. Within a few years, they bought the land back from Pauw.

The early Dutch inhabitants of the area were mostly farmers, but during this period there was evidence of the ingenuity to come as residents founded America's first brewery in Hoboken. The following description of Hobuk, as it was then known, comes from a letter written in 1685 by a George Scott, of Edinburg:

"[There] is a good plantation in a neck of land almost an Island, called Hobuk. It did belong to a Dutch Merchant who formerly in the Indian War, had his wife, children and servants, murdered by the Indians, and his house, cattle and stock destroyed by them. It is now settled again and a mill erected there, by one dwelling at New York."

The conflict with the local natives referred to in the letter above was quite likely a byproduct of William Kief, governor of New Netherlands, and his Indian policy -- which was not known for its diplomacy, and in fact has been cited as the impetus for a number of violent encounters between European settlers and Native Americans that took place in the region at that time.

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

23 New Open Houses Added since Wednesday - Open House Map



Hoboken Real Estate Monitor's Open House Map


Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .


Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com


National Flood Insuarnce Program has been Extended to September 30th.


A measure extending the National Flood Insurance Program until Sept. 30 was approved at the end of June.

Because federal law requires that anyone purchasing property in a flood zone have flood insurance in place before closing, the expiration of NFIP prevented countless home purchases and sales in Louisiana from moving forward.

The flood program's fate had been tossed into an "extender" bill with several controversial items such as extending unemployment insurance and Medicaid benefits, so Congress had been deferring action and granting short-term extensions, which lead to lapses that have been getting longer each time.

So let's see what happens when Congress gets back in session in September...

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com
www.hobokenrealestatemonitor.com
http://www.hobokenrealestatevalue.com/

President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act.


On July 22, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act.

I am working on a summary of what it means for you.  The legislation was over 2,000 pages and spans mortgages, credit cards, Treasury oversight.

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com
www.hobokenrealestatemonitor.com
http://www.hobokenrealestatevalue.com/

Unemployment Extension July 20 2010 : Congress Votes Yes to Extend Unemployment Benefits Extension


  US Senate in a 60-40 vote, voted to extend unemployment benefits; this was the fourth attempt made by Congress over the last few months and each of the votes before did not make it through. President Obama signed the bill.

This latest extension will allow unemployment benefits to continue through the end of November. The bill will raise the deficit by $33.3 billion, and should cover approximately 2.1 million people. The original vote made just a few weeks ago did not get support from Republicans because it added to the US deficit.

nformation Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com
www.hobokenrealestatemonitor.com
http://www.hobokenrealestatevalue.com/

Thursday, July 29, 2010

Weekly Market Statistics - Hoboken - See All the Active Listings by Neighborhood

Did you know that when you sign up for the private view of Hoboken Real Estate Monitor's Weekly statistics you get links by quadrant to all the new and active listings?  And, it's the MLS listing which has more information than what's available on property search sites.

Sign up today by clicking on any of the links and submitting your email address.  An auto-email will be sent to you with a link to the private view of the statistics.  Be sure to sign up for weekly updates and get the stats and the private view of the map each week.

Use the weekly statistics to track the market.  Bid on your new home with confidence!

See the price per square foot by neighborhood, by the number of bedrooms.  What have units sold for?  What are they listed for today?

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com
www.hobokenrealestatemonitor.com
http://www.hobokenrealestatevalue.com/



Weekly Stats Public 2009    

Existing-Home Sales Slow in June but Remain Above Year-Ago Levels



With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors®.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, fell 5.1 percent to a seasonally adjusted annual rate of 5.37 million units in June from 5.66 million in May, but are 9.8 percent higher than the 4.89 million-unit pace in June 2009.

Lawrence Yun, NAR chief economist, said the market shows uncharacteristic yet understandable swings as buyers responded to the tax credits. “June home sales still reflect a tax credit impact with some sales not closed due to delays, which will show up in the next two months,” he said.



“Broadly speaking, sales closed after the home buyer tax credit will be significantly lower compared to the credit-induced spring surge. Only when jobs are created at a sufficient pace will home sales return to sustainable healthy levels.”

According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage fell to a record low 4.74 percent in June from 4.89 percent in May; the rate was 5.42 percent in June 2009.

The national median existing-home price2 for all housing types was $183,700 in June, which is 1.0 percent higher than a year ago. Distressed homes were at 32 percent of sales last month, compared with 31 percent in May; it was also 31 percent in June 2009.

NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates in Tucson, Ariz., said softer home sales expected this summer don’t tell the whole story. “Despite these market swings, total annual home sales are rising above 2009 and we’re looking for overall gains again this year as well as in 2011,” she said. “Conditions have become more balanced in much of the country, which is good for both buyers and sellers. However, consumers find it even more challenging to navigate the transaction process, especially for distressed properties, which only underscores the value Realtors® bring to buyers and sellers in this market.”

A parallel NAR practitioner survey3 shows first-time buyers purchased 43 percent of homes in June, down from 46 percent in May. Investors accounted for 13 percent of sales in June, little changed from 14 percent in May; the remaining purchases were by repeat buyers. All-cash sales were at 24 percent in June compared with 25 percent in May.

Total housing inventory at the end of June rose 2.5 percent to 3.99 million existing homes available for sale, which represents an 8.9-month supply4 at the current sales pace, up from an 8.3-month supply in May.

“The supply of homes on the market is higher than we’d like to see. But home prices are still holding their ground because prices had already overcorrected in many local markets,” Yun said. Raw unsold inventory remains 12.7 percent below the record of 4.58 million in July 2008.

Single-family home sales fell 5.6 percent to a seasonally adjusted annual rate of 4.70 million in June from a level of 4.98 million in May, but are 8.5 percent above the 4.33 million pace in June 2009. The median existing single-family home price was $184,200 in June, up 1.3 percent from a year ago.

Single-family median existing-home prices were higher in 10 out of 19 metropolitan statistical areas reported in June in comparison with June 2009. In addition, existing single-family home sales rose in 12 of the 19 areas from a year ago while two were unchanged.

Existing condominium and co-op sales slipped 1.5 percent to a seasonally adjusted annual rate of 670,000 in June from 680,000 in May, but are 20.5 percent higher than the 556,000-unit pace in June 2009. The median existing condo price5 was $180,100 in June, which is 1.4 percent below a year ago.
Regionally, existing-home sales in the Northeast rose 7.9 percent to an annual level of 960,000 in June and are 17.1 percent above June 2009. The median price in the Northeast was $244,300, down 1.2 percent from a year ago.

Existing-home sales in the Midwest dropped 7.5 percent in June to a pace of 1.23 million but are 11.8 percent higher than a year ago. The median price in the Midwest was $155,900, down 0.1 percent from June 2009.

In the South, existing-home sales fell 6.5 percent to an annual level of 2.01 million in June but are 11.0 percent above June 2009. The median price in the South was $163,600, unchanged from a year ago.
Existing-home sales in the West dropped 9.3 percent to an annual pace of 1.17 million in June but are 0.9 percent higher than a year ago. The median price in the West was $221,800, up 1.5 percent from June 2009.

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com


Wednesday, July 28, 2010

Get You Open House and New Listings Map On.......



Hoboken Real Estate Monitor's Open House Map


Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .


Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com


The Green Apple - How Cities Help the Environment and What You Can Do...

Living in a city is environmentally friendly.  New Yorkers walk the most in the country - 3-5 miles a day.  We use public transportation more than everyone else.  We can do our grocery shopping, go to the dry cleaner and the ATM all on foot.  See this brief video on how living in the city helps the environment.  See my street maps to find Hoboken's Corner Cars and Zip car locations.

Enjoy this short video on how city living is environmentally friendly.  Get your green on!!




Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com


http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Tuesday, July 27, 2010

Case Shiller Housing Indices are Out

For the Past Year Home Prices Have Generally Moved Sideways.


New York, July 27, 2010 – Data through May 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that the annual growth rates in 15 of the 20 MSAs and the 10- and 20-City Composites improved in May compared to those reported for April 2010. The 10-City Composite is up 5.4% and the 20-City Composite is up 4.6% from where they were in May 2009. While 19 MSAs and both Composites reported positive monthly changes in May over April, only 12 of the MSAs and the two Composites saw better month over-month growth rates in May than those reported in April.

The chart above depicts the annual returns of the 10-City and 20-City Composite Home Price Indices with increases of 5.4% and 4.6%, respectively, in May 2010 compared to the same month last year.  While still positive, Boston, Charlotte, Cleveland, Dallas and Denver reported weaker annual growth rates compared to their reports from last month. Seven of the 20 MSAs are still reporting negative annual growth rates with May’s data.

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

"Hobuck, the Beautiful", the Pleasure Resort of Early New York


















Castle Point, Hoboken, Showing River Walk Leading Past The Residence, 1832
From Historic Houses of New Jersey by W. Jay Mills, 1902

On the highest eminence of “Point Castile,” whose “greene and white cliffes” were supposed to be “copper or silver mynes” by the followers of Henry Hudson, on his memorable voyage up the river which bears his name, Colonel John Stevens, the famous inventor, built a handsome mansion soon after his purchase of Hobuck Island, in 1784, and called it the Castle. By many of his generation John Stevens was looked upon as a mild madman, so far ahead was he of his age, and his purchase of such a large area of land as Hobuck Island created a sensation in the society of the times. Hobuck Island, or Hoboken Island, formed the largest part of the confiscated Bayard estate, and was much sought after when it was noised about that it was to be put upon the market. That noble gentleman, Baron Steuben, set his heart on obtaining it for the services he had rendered the government during the Revolution, and wrote to Governor Livingston for right of pre-emption; but Colonel Stevens was ahead of him, and became the owner of the whole property in March, 1783, for the sum of eighteen thousand three hundred and sixty pounds. 



The Stevens residence, mentioned by newspapers of the day as “Stevens Villa,” was one of the most noted American homes of the last century, frequented as it was by the wealth and fashion of New York City, and indeed of the whole country. Mrs. John Stevens, nee Rachel Cox, the first lady of the Castle, was a daughter of the charming Mrs. John Cox, of “Bloomsbury Court,” near Trenton, whose family of beautiful girls made a series of the most brilliant matches recorded in the annals of old New Jersey and Philadelphia society. The lovely Coxes, as they were sometimes called, were noted for their vivacity and high spirits, and after reading their letters, many of which have been published in historical works, we can readily believe it. It was Sarah Cox, (Sarah Cox became the wife of Dr. John Redman Coxe, of Philadelphia) a younger sister of Mrs. Stevens, who wrote to a friend before going to a Washington Birthnight ball, that she would take two pairs of shoes, for, she says, “I danced one pair nearly out at the last assembly, and I am sure if I could do that when it had nothing to do with the President, what shall I do when I have his presence to inspire me.


While on a visit to his future wife’s home in Southern Jersey, Colonel Stevens’s attention is said to have been first attracted to steamboat navigation, which came so near giving him a greater fame than Robert Fulton.

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com


Monday, July 26, 2010

This Month in Real Estate - July 2010







Enjoy this brief video on Short Sales.



Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Updated Corner Cars and Zip Car Locations Map




Check out the updated Map.  I added the Zip car location.  You can find this and other maps such as a street map with schools, the Light Rail and Ferry maps under the icon labeled as such down the right hand side.

Here is the Corner Car Announcement from City Hall.

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com


http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Prudential Real Estate - Online Sellers' Advantage






Watch this brief video on Prudential's Online Sellers' Advantage and how it can help you.



Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

This Month in Real Estate - June 2010


Enjoy this brief video on Short Sales.



Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Key Rates from Hoboken Real Estate Monitor.com



Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com




http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Saturday, July 24, 2010

Do you need that 3rd Bedroom? Have to have Outdoor Space and Parking? 1963 square feet for $759,000!




Large 3BR, 1963 square feet, open layout w/ extra high ceilings & Brazilian cherry hardwood floors throughout. Modern kitchen featuring granite countertops, extra Long custom cherry wood cabinetry & SS appliances, Kohler faucets
& toilets. Tons of closet space. Large Master BR w/beautiful sandstone in Full Bath & Jacuzzi, walk-in closet.
Wash/dry in unit. Custom pantry, coat and linen closets with wood shelving and supports. Oversized balcony off of living room - large enough for family size table and grill.Beautiful manicured courtyard.

Taxes are $11,600 (under appeal)





Provided by Donna Antonucci

Prudential Castle Point Realty

201-240-6832

donnaantonucci@gmail.com


http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com

Get a Print Out of Your Map Search Results by Signing up for the Private View of the Open House Map







Hoboken Real Estate Monitor's Open House Map

An additional 23 listings have been added since Wednesday.  Remember, if you sign up for the private view, you can get a PDF of your search results to guide your weekend shopping.

Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .


Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832
donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
www.donnaantonucci.com